Canopy Rivers (CVE:RIV) Trading 8.1% Higher – What’s Next?

Canopy Rivers Inc (CVE:RIVGet Free Report) shares were up 8.1% during trading on Wednesday . The stock traded as high as C$2.61 and last traded at C$2.53. 984,044 shares were traded during mid-day trading, an increase of 103% from the average session volume of 485,227 shares. The stock had previously closed at C$2.34.

Canopy Rivers Stock Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 34.04 and a current ratio of 34.09. The business has a 50 day moving average price of C$2.53 and a two-hundred day moving average price of C$2.53. The company has a market cap of C$474.50 million and a P/E ratio of 72.29.

About Canopy Rivers

(Get Free Report)

Canopy Rivers Inc is a public investment firm. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies. It seeks to make minority stakes. The company is headquartered in Toronto, Canada.

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